Huawei India & Thailand Subsidiary Helps Increase Annual Revenue by 32%

【Global Science and Technology Report】 According to the report of India's Deccan Herald on April 18th, CEO of Huawei's India subsidiary Chen Mingjie said that Huawei's India and Thailand subsidiaries have played an important role in the global annual revenue growth in 2016, up 32% year-on-year. %, up to 75.1 billion U.S. dollars.

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Chen Mingjie said that the operator, enterprise and consumer business groups have helped the company achieve a good income growth. In 2016, the group's net profit was 5.3 billion U.S. dollars, an increase of 0.4% year-on-year. The Indian market is one of the major driving forces in the Asia-Pacific region. Huawei has maintained a good momentum of growth in the Asia-Pacific region. Its revenue reached RMB 6.75 billion, an increase of 36.6% year-on-year.

Huawei has been investing in India, including the establishment of a global service center in Bangalore in 2016 and cooperation with electronics manufacturer Flex India for local smart phone manufacturing business and investment offline retail expansion. With the launch of the 4G network, smartphones continue to increase and Huawei's ability to provide solutions for enterprises and industries continues to grow. The company's business in India will continue to maintain strong growth.

In the mobile sector, Huawei has sold 139 million smartphones in 2016 with annual revenues of US$25.9 billion as its products have become more innovative and globally recognized. Huawei's local R&D customization services are achieved through production of the Holly 2 and Glory 6X at the Chennai manufacturing plant and the addition of 14 Indian language and SOS functions to mobile phones.

It is reported that Huawei sold mobile devices of 650,000 rubles in India in 2016, and its online strategy was not good. This year, Huawei began to develop its own line and it does have a certain effect. (Internship Compilation: Ju Suhui's reviewer: Li Zongze)

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